[WTS][EU] farm for sale S5 / SP20e no import tax.

Matias

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Quote from: Xircom on January 03, 2016, 05:05:13 PM

If you are placed within EU you have to pay tax/vat of 17% if you are a private buyer. In some nordic contries even higher, i think 25%.

You are talking about VAT. One has to pay VAT if you buy things outside EU and import it to EU.
. It is different in different EU states. You are right that VAT can be e.g. 25% ( e.g. in Denmark and Sweden) or at the lowest 17% (Luxembourg). But to be precise, there is no Import duty or import Tax for computer hardware in EU.

In some goods (e.g. clothes) you have to pay both Import tax and VAT.

Sorry a bit off topic, but I'm a bit neurotic in tax things and want to pe precise.

But you are right in that if individual buyer buys this hardware from you he doesn't need to pay Vat (17-25%), but if he buys it outside EU he has to pay.

Xircom

legendary

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Quote from: allinvain on January 03, 2016, 04:59:18 PM

Quote from: Xircom on January 03, 2016, 11:23:32 AM

Are you interested in buying or just make statements !
Batch 9 is starting to ship out the 20 Jan, so if you are lucky you get them the 1th Feb.
Still you need Vat and Import tax if going to EU, so no matter how you turn it you will end up spending much more on the S7 and a miner much less reliable than the S5 and SP20.
But hey, feel free to buy S7, I will not prevent you for doing so.

Not to thread crap, but I just want to clarify one thing, the S7s are likely just as reliable as the S5. In fact S5s are NOT reliable at all. They are prone to random lock ups - I should know I have a bunch. The SP20s on the other hand are rock solid. The S7s use pretty much the same controller as the S5s and thus are likely to have the same issues.

Anyways, good luck with your sale!

You are right that Bitmain miners demands much more survailance than the Spondoolies. SP20's are pure set and forget miners.

Xircom

legendary

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If you are placed within EU you have to pay tax/vat of 17% if you are a private buyer. In some nordic contries even higher, i think 25%.

allinvain

legendary

Activity: 3080

Merit: 1080

Quote from: Xircom on January 03, 2016, 11:23:32 AM

Are you interested in buying or just make statements !
Batch 9 is starting to ship out the 20 Jan, so if you are lucky you get them the 1th Feb.
Still you need Vat and Import tax if going to EU, so no matter how you turn it you will end up spending much more on the S7 and a miner much less reliable than the S5 and SP20.
But hey, feel free to buy S7, I will not prevent you for doing so.

Not to thread crap, but I just want to clarify one thing, the S7s are likely just as reliable as the S5. In fact S5s are NOT reliable at all. They are prone to random lock ups - I should know I have a bunch. The SP20s on the other hand are rock solid. The S7s use pretty much the same controller as the S5s and thus are likely to have the same issues.

Anyways, good luck with your sale!

Matias

full member

Activity: 182

Merit: 101

sorry to post a little off topic, but to my understanding there is no import tax for computers in EU. Of course you need to pay VAT, but no import tax or duty am I wrong?

Xircom

legendary

Activity: 938

Merit: 1000

Are you interested in buying or just make statements !
Batch 9 is starting to ship out the 20 Jan, so if you are lucky you get them the 1th Feb.
Still you need Vat and Import tax if going to EU, so no matter how you turn it you will end up spending much more on the S7 and a miner much less reliable than the S5 and SP20.
But hey, feel free to buy S7, I will not prevent you for doing so.

charles2k

sr. member

Activity: 326

Merit: 250

But S7 batch 9 price is much lower. And Fedex shipping costs to EU are not 2000USD, but only 645USD.
And because much better efficiency than S5/SP20, there is no need so many watts in PSUs.

Larger investors in EU are mostly VAT registered, so they have no problem with VAT.

Quote from: Xircom on January 03, 2016, 04:39:34 AM

Would love to see your calculation Allinvain to make this bold comment.
Bitmain prices of today:

1 x S7 = 1.225,67 USD a pcs. and you need minimum 23.5 pcs to get to 110TH = 28.803,- USD from Bitmain.
Then you have to add 2000,- $ shipping + 17% EU TAX. That will give a total price of delivered in EU of 35.000,-$

I rest my case if you show me that you are able to get 110TH power for 23.000,-$ from Bitmain delivered in EU, because if so, I buy 110TH ASAP from them.
If not, please stop putting this kind of comments in my post. Thank you !

Xircom

legendary

Activity: 938

Merit: 1000

It is, so price would be around 32-35.000 $ delivered in EU.

allinvain

legendary

Activity: 3080

Merit: 1080

Quote from: Xircom on January 03, 2016, 04:39:34 AM

Would love to see your calculation Allinvain to make this bold comment.
Bitmain prices of today:

1 x S7 = 1.225,67 USD a pcs. and you need minimum 23.5 pcs to get to 110TH = 28.803,- USD from Bitmain.
Then you have to add 2000,- $ shipping + 17% EU TAX. That will give a total price of delivered in EU of 35.000,-$

I rest my case if you show me that you are able to get 110TH power for 23.000,-$ from Bitmain delivered in EU, because if so, I buy 110TH ASAP from them.
If not, please stop putting this kind of comments in my post. Thank you !

I was using the Batch 9 price which is $1032. For 110 TH you'd need 24 of these. 24 x 1032 = $24768 + shipping + import. In my case import fees are 5%. I suppose if you're in the EU then even batch 9 is more expensive.

Xircom

legendary

Activity: 938

Merit: 1000

Would love to see your calculation Allinvain to make this bold comment.
Bitmain prices of today:

1 x S7 = 1.225,67 USD a pcs. and you need minimum 23.5 pcs to get to 110TH = 28.803,- USD from Bitmain.
Then you have to add 2000,- $ shipping + 17% EU TAX. That will give a total price of delivered in EU of 35.000,-$

I rest my case if you show me that you are able to get 110TH power for 23.000,-$ from Bitmain delivered in EU, because if so, I buy 110TH ASAP from them.
If not, please stop putting this kind of comments in my post. Thank you !

allinvain

legendary

Activity: 3080

Merit: 1080

Hmm, your stuff is way too expensive. For 23K we can get the same hashing power from Bitmain.

Xircom

legendary

Activity: 938

Merit: 1000

Split sales starts next week if complete sales dosent go through.
many miners is already reserved, so please send your reservations in case split sales starts.

Xircom

legendary

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I use Awesome Miner Pro as monitor software.

andresrp

member

Activity: 135

Merit: 11

Whats that web interface you are using to monitor?

Xircom

legendary

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Merit: 1000

No, they will be packed down and shipped to me in Denmark when I tell them to do it. It will take less than a week since I use my own TNT account.

Sweminer777

hero member

Activity: 754

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1xBit the largest casino

you have them in denmark ?

Xircom

legendary

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Merit: 1000

Thanks for info, but miners are shipped to me first in Denmark before they are distributed.

larry12

full member

Activity: 221

Merit: 100

If the miners are shipped from Iceland the buyer will pay import taxes. They are not a part of European Union. I checked this before a few months when i was trying to buy KnC Neptune. Wink

Xircom

legendary

Activity: 938

Merit: 1000

I pay 62€ pr KW but i have total 152KW for my complete farm, so more miners than up for sale here.
Each Antminer S5 uses 600Watt and each SP20E use 900Watt.
So these miners is around 61.5KW. Times 62€ = 3850,-€ = 4.250,- $
This price is a special price I got due to the 152KW.

EnJoyThis

hero member

Activity: 980

Merit: 1000

What is the monthly hosting fee for the full farm?

Topic: [WTS][EU] farm for sale S5 / SP20e no import tax. (Read 1273 times)